State Grid vows to boost its regional investment

Power supplier plans to expand distribution networks

Beijing-based State Grid Corp of China has pledged to invest 21 billion yuan ($3.2 billion) over the next three years in power grid construction in China's poverty stricken regions.

The company, China's main power supplier that runs the majority of the nation's electricity distribution networks, said it will invest 6.6 billion yuan this year alone in 94 power grid projects each with a capacity of more than 35 kilovolts, and 1,379 power grid projects each with a capacity below 10 kilovolts.